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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Socialist Market Economy Principles as a Neo-Marxist Policy
Author(s)
Gürhan Uysal
Full-Text PDF
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DOI:10.17265/2328-7144/2018.01.005
Affiliation(s)
Ondokuz Mayıs University, Samsun, Turkey
ABSTRACT
Marx has two theories:
surplus value and labor value. Marx defends positivist socialism. Hegel
impressed Marx ideas during his PhD. This study is based on Marx opinions.
Socialist Market Economy has two principles: central planning and market
economy. State implements central planning for investments, and firms operate
their marketing and production activities. In socialist economy, state decides
firm’s marketing and production activities. That policy may decrease
effectiveness in national economy.
KEYWORDS
Karl Marx, socialism, market economy, socialist market economy, firm decisions
Cite this paper
Economics World, Jan.-Feb. 2018, Vol. 6, No. 1, 45-48 doi: 10.17265/2328-7144/2018.01.005
References
Uysal, G. (2016a). Socialist market economy: Is it neomarxist policy? 19th Eurasia Business and Economics Conference, Istanbul Technical University, Istanbul, 26-28 May.
Uysal, G. (2016b). Marx and theory: Socialist market economy. 16th International Business and Management Conference, Doğu Akdeniz Araştırma Merkezi, Istanbul, 1-2 July.